6 unchanged sentences
We estimate the change in the fair value of all forward contracts assuming both a 10% strengthening and weakening of the U.S.
−Removed: Dollar relative to all other major currencies.
+Added: Dollar relative to all other major cu rrencies.
In the event of a 10% strengthening of the U.S.
1 unchanged sentence
whereas a 10% weakening of the U.S.
−Removed: Dollar would result in a $8.0 million decrease of the fair value of the forward contracts.
+Added: Dollar would result in a $8.3 million decr ease of the fair value of the forward contracts.
Interest Rate Risk
Our exposure to changes in interest rates is associated with borrowings under our Credit Facilities, all of which is variable rate debt.
−Removed: Total outstanding debt under our Credit Facilities as of July 3, 2021 was $297.5 million with an interest rate of 1.9% based on prevailing LIBOR rates.
+Added: Total outstand ing debt under our Credit Facilities as of October 2, 2021 was $293.1 million with an interest rate of 1.9% based on prevailing LIBOR rates.
An increase of 100 basis points in LIBOR rates would result in additional annual interest expense of $0.7 million.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.